YEARLY HIGH
757.0953 MGA
YEARLY LOW
680.0000 MGA
YEARLY AVERAGE
713.6959 MGA

2018 GHS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 757.0953. Conversely, the yearly low was recorded on August 18, dropping to 680.0000.

This high-to-low spread represents a total annual volatility of 77.0953 MGA. From a start-to-finish perspective, comparing the January average rate of 714.1052 to the December average rate of 722.1293, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 757.0953 was down 4.75% compared to the 2017 peak of 794.8802, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 3,785,477 MGA
2017 Average 3,552,132 MGA
Yearly Trough Low 3,400,000 MGA
Transaction Impact: A difference of 385,476.65 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

745.0711
684.3993
JanuMarcMayJulySeptNove

GHS to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 713.7469, compared to 713.6449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1020 points.

H1 Avg (Jan–Jun) 713.7469
H2 Avg (Jul–Dec) 713.6449

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 47.3573 MGA (High: 752.1765 / Low: 704.8193). On the other end, April was the most stable month, with a tight range of 12.6438 MGA (High: 731.0872 / Low: 718.4434).

December Spread (Volatile) ±47.3573
April Spread (Stable) ±12.6438

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 17.8858 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -17.8858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 740.0151) against the same month in 2017 (average: 705.8764), the exchange rate shifted by +34.1387 (+4.84%).

2018 Avg (November) 740.0151
2017 Avg (November) 705.8764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 723.9610 705.5852 714.1052
February 719.6146 699.0508 708.7375
March 727.9477 691.9428 711.0050
April 731.0872 718.4434 724.0044
May 722.7569 698.8331 712.9507
June 721.6863 692.0668 711.6787
July 708.4443 682.6183 697.5204
August 703.6362 680.0000 689.4553
September 722.7319 681.0000 710.5375
October 733.2537 694.5565 722.2119
November 757.0953 726.7144 740.0151
December 752.1765 704.8193 722.1293